Pf Deduction - Pf Deductions [Thread 433537]

urdeepak9
IF SOME BODY BASIC SALARY 25000 SO IS THAT DEDUCT PF YES OR NOT IF YES SO HOW MUCH % DEDUCT. Is that compulsory pf deduct in even employee . please tell me according Indian low pf deduction Rules and Act’s
Please revert me same id urdeepak@rediff.com
Gianim23
Hello Deepak :
Basic + DA above Rs.6500/- can be exempted from PF deduction. The employees have to fillup Form 11 for the exemption. Anyhow it is recommended to extend PF facility since it an added benefit for the employee. The CTC can include the Employee (12% of basic+DA)+Employers (13.61% of Basic +DA).
Hope the above info is helpful to you.
anil.arora
Please ratify your words highlighted above and go through the link below to understand this concept and calculation with conditions that apply in this regard
https://www.citehr.com/360638-pf-lim...500-basic.html
else you may directly visit to EPFO official website to get the all rules and regulation
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